Jiangsu Kerui Plastics Co, a technology-driven producer of plastic packaging based in the Taizhou Port Economic Development Zone, is increasing its production capacity to meet rising demand. The company has experienced strong revenue growth for three consecutive years and has already achieved 80 percent of its annual order goal by the end of the third quarter.
This month, Kerui finalized the setup of six high-speed injection molding machines and four bottle cap production lines, funded by an investment of 100 million yuan ($13.97 million). The state-of-the-art equipment, capable of producing 48,000 bottle caps per hour, has increased the company's production efficiency by 10 percent, resulting in faster delivery times and improved supply chain reliability for its customers.
The introduction of new facilities increases Kerui's production efficiency. [Photo/WeChat account: gh_1ff53eb21f0a]
New production facilities of Kerui. [Photo/WeChat account: gh_1ff53eb21f0a]
Kerui specializes in customized plastic preforms and caps for the growing beverage market. In 2024, revenue increased by 20 percent year-over-year, and the company aims to reach 400 million yuan in revenue by 2025.
An aerial view of Taizhou Port EDZ. [Photo/WeChat account: gh_1ff53eb21f0a]